Is there an insider at Upbit similar to the one at nance?
Upbit has always said there’s no way that could happen, but recent on-chain activity has only made the suspicion stronger, with a small insider wallet allegedly nailing the WIF/VVV listings two times in a row.
It’s a pretty tiny, low-level amount, but several users have already made profits on VVV through this wallet after WIF
2dTernnckwUh9EKH81JTc7dVivP61uuVCheFZxbdX34T (funded by upbit hot wallet)
1. WIF
2dTe bought WIF at 05-06 11:11:49 (KST)
Upbit listed WIF at 05-06 14:00:01
2dTe sold WIF at 05-06 14:10:14
-> bridged to ARB(Hyperliquid)
vvv Long and close
-> birdged to basechain
0x4aab900a1ecfb736536386dd1dff73b58e3585e2
2. VVV
0x4a bought VVV at 05-12 00:04:45
Upbit listed VVV at 05-12 14:00:13
0x4a sold VVV at 05-12 14:05:21
Upbit is under such strict oversight so we believe there wouldn’t be any shady insider there like the one at nance🙏